Categories for Money

Mt. Gox Finds 200,000 Bitcoins In ‘Forgotten’ Wallet

March 27, 2014 10:30 am  | Comments: 0 | Views: 3549
Mt. Gox said on Friday it found 200,000 “forgotten” bitcoins on March 7, a week after the Tokyo-based digital currency exchange filed for bankruptcy protection, saying it lost nearly all the 850,000 bitcoins it held, worth some $500 million at today’s prices. Mt. Gox made the announcement on its website. Online sleuths had noticed around… View Article

For Bitcoin, Secure Future Might Need Oversight

March 17, 2014 10:30 am  | Comments: 0 | Views: 3828
Nearly half a billion dollars has gone missing, and nobody knows how. Some say there was outright theft. Others suspect fraud. Many blame lax controls, poor oversight and, above all, a reckless, globe-spanning, Wild West culture — a culture that everyone agrees is ripe for wholesale reform. I’m not talking about Bitcoin. I’m talking about… View Article

The Obsessively Secretive Founder of Bitcoin Has Been Unmasked

March 11, 2014 10:30 am  | Comments: 0 | Views: 3518
Press outlets and members of the Bitcoin community have long speculated that “Satoshi Nakamoto” was a pseudonym for — according to various claims over time — certain noted economists, cryptographists and mathematicians across the globe, or even a consortium of inventors. But in the cover story of its first printed issue since 2012, under its new… View Article

Goldman Sachs Takes On Bitcoin

March 4, 2014 10:30 am  | Comments: 0 | Views: 3479
The eye of big finance is finally turning towards cryptocurrency. Responding to requests from clients, Goldman Sachs has put out an early assessment of Bitcoin that says little about the bank’s official position on BTC investment. So far, the financial services firm is neutral regarding the currency and is not actively recommending it to clients… View Article

First U.S. Bitcoin Vending Machine Installed in New Mexico Cigar Shop

February 28, 2014 10:30 am  | Comments: 0 | Views: 3773
Albuquerque, N.M. — not tech-obsessed San Francisco or New York — has claimed the title of first city to install an operational Bitcoin vending machine in the U.S. The machine is up and running, as of Tuesday, at a cigar shop called Imbibe near the University of New Mexico, according to an announcement byLamassu, the machine’s manufacturer. The vending… View Article